Hey, between now and November 19, 2021, if you purchase any of our eBundles, courses, or coaching programs on Content Marketing Musician (created specifically to help you get results in your music career), we're giving 50% of the proceeds to supporting the education of underprivileged children in South America. You can learn more here.
Now let's get back to the article.
In 2016, I launched a personal development podcast called Using Your Power with co-host Maveen Kaura and published 62 episodes. Listeners loved it because they got a better sense of my personality and philosophies away from the world of music entrepreneurship, where I’ve been the most prolific.
In this episode, Maveen and I discuss buying a house. Although we all need a place to live, and we will be paying money to someone (the bank or a landlord), buying a house isn’t the right decision for everyone. Timing is also a factor. We explore all this and more in the third episode of Using Your Power.
00:00 – Intro
00:13 – Closing the open loop – buying a home
00:32 – Why do you want to buy a home?
03:14 – Separate work space
07:00 – We are in different places
09:12 – What are the common mortgage terms and down payments?
11:05 – Why buy a home
18:13 – How it’s not an asset
19:54 – Having a mortgage
22:51 – Planning extra payments
22:58 – Market crash and investing
27:05 – Paying off your mortgage faster
30:04 – Not prepared to buy a home?
32:31 – Security in buying a home
34:03 – When is the right time to purchase a home?
38:28 – Summary of the show and outro